Open a Cyprus company —from anywhere.

Yes. Cyprus lets non-residents — EU and non-EU — own and register a limited company, and there is no requirement to live in Cyprus to be a shareholder; non-resident founders are a normal part of how companies here get formed. Sumly registers it for a fixed fee with a 100% approval guarantee, entirely online: order from wherever you are, send us identification, and follow the live status in your dashboard. The right structure for your case is confirmed as part of the paperwork we prepare — and if the company isn't approved, the guarantee refunds every euro.

Yes — the registration itself is remote with Sumly: no office visit, no notary appointment in Cyprus for a standard private company. Where a visit can still matter is banking: some banks want to meet a director in person, others onboard remotely. We tell you which before you order, so there are no surprises.

Yes — the formation service is open to non-EU citizens, and the process is the same fully-online one. One honest boundary: the Yellow Slip service is for EU citizens only, so residence assistance can't be part of a non-EU order.

It's one of the most common cases we see: IT contractors, consultants and founders with EU clients who want an EU company with a clear VAT and VIES setup. Sumly's platform is built for exactly that — invoicing in any currency, VIES native for B2B sales into the EU, and books you can run from any time zone. Our guide to VIES submissions explains how the monthly return works.

Every Cyprus company needs a registered office address in Cyprus, which Sumly can provide as part of the formation. Whether you appoint a Cyprus-resident director is a tax-residency and substance question rather than a registration rule — it affects where the company is managed and controlled. We explain the trade-off honestly; the choice is yours. Tell us your situation when you order and we'll flag anything that needs a closer look before we submit.

Speak to a tax advisor before relying on any short answer here — broadly, corporate tax residency depends on where the company is managed and controlled, not just where it's registered, and your own residency matters too. Living abroad makes this worth mapping out early, with someone who knows your full picture. What Sumly guarantees is that whatever the answer, the books, VAT, VIES and provisional tax are kept correctly and prepared box by box, and a Sumly certified bookkeeper can review and file it all on Premium.

Banks decide account openings themselves, and we won't promise an outcome — our guide to business bank accounts in Cyprus covers what they tend to ask for. Once your account exists, Sumly plugs straight into it with live, read-only open-banking feeds from the banks Cyprus businesses actually use — Bank of Cyprus, Hellenic Bank, Alpha Bank, Eurobank, Revolut Business, Wise and more. Read-only means Sumly can never move your money.

Yes — Sumly runs in the browser, so the books live wherever you are. Its AI reads your documents, does the bookkeeping and reconciles your bank, then prepares your VAT, VIES and tax returns — you review and file them. Distance changes nothing.